Decentralized betting platform Liger is looking to bring some much-needed efficiency and transparency to the online gaming community with its platform launch. The Liger token presale is already underway.
What Is Liger Coin ?
Liger is a remarkable cryptocurrency that will completely change the scenario of Online and Offline Casino Gaming, Fantasy Sports portals and Live Sports Betting. Armed with Blockchain Technology, Liger removes all intermediaries and makes it a fair play between gamers and merchants, making the game quicker and safer. The unique attribute of Staking where Liger Token Holders can play in favour of the casino and get their share of revenue through the execution of a Smart Contract sets it a class apart.
How does Liger help create ‘Long-term Asset Value Creation’?
Liger identified the space for placement after a thorough research. Implemented at Offline and Online Casinos, Fantasy Sports Portals and Live Betting Websites, LIGER looks at solving this puzzle through a mix of tried and tested methods with innovation at its core.
The overall Industry is close to $ 400 Billion and Liger aims to reach an MS of 1%.
Liger has devised a process of helping the token sale contributors create ‘long-term asset creation’. A Unique Staking Mechanism lets them earn by Staking their Tokens to Liger. Liger owned and affiliated Casinos will use this amount to bet on behalf of the Casino in games like Poker, Baccarat, Blackjack and more.
The winnings (after provisioning for OPEX, Taxes, Reserves, and Burning) through all such games will be distributed amongst all the Token holders that have Staked their tokens to the Casino in the ratio of their contribution.
This creates Long-term wealth creation since the Staked Tokens also keep giving returns to the Token holder. All such distribution is undertaken through smart contracts thus eliminating any human ‘errors’ or ‘favours’.
Not just this, The LIGER Casinos allocates 1% of the overall Casino’s Winning to Token Burning. Equivalent value Liger Tokens (1% of the Casino’s Wins) are burnt every quarter from Reserves or Buy-back from Exchanges.
This unique mechanism continuously reduces the supply of the Tokens thus driving the Prices upwards at the Exchanges. Thus, combating volatility in prices and increasing a demand at the Exchanges.
Liger will also be backed by the assets of the Casinos and businesses it owns and be high on ‘cash flow’ due to the very nature of the business of Gaming. This facilitates participants in the ICO to acquire a Token that aids ‘Long term, asset-backed value creation’ of their Crypto portfolio.
How does LIGER help Merchants and Gamers?
The Casino and Gaming industry has also been facing its own set of issues with respect to its biggest stakeholders: the Gamers and the Merchants. Some of the primary obstacles and their solutions in the Liger ecosystem are:
- Geopolitical restrictions are done away with the anonymity that the Blockchain technology offers through a peer to peer transfer.
- Speed of settlement is very high for both Merchants (no multiple steps like conventional Banking process) and Gamers (instant credit of winnings in the Liger wallet). Merchants benefit from lower cost of transactions too.
- No impact on credit scores for the Gamers for spends in Casinos.
- Improved reach for the Gamers through the unique ‘Live Dealer’ feature of Liger where they can participate in games being played at Offline casinos and see the deals on their handheld devices real time. Such information flow is facilitated through the Blockchain data streaming.
- Improved Trust between the Merchant and Gamer is achieved as the Gamer knows that he/she can use Liger to either bet ‘for (through staking)’ or ‘against’ the Casino.
Including The Underprivileged
They also intend to include the under privileged sections of the society throughout the digital inclusion, in a step that will treat every individual equally and embraces harmony. Reliable and efficient access and inter action are the key to the growth of the Gaming Industry. The company seeks to create a win-win utility for all associated with the industry.
They aim at contributing significantly to the growth of the sector and at getting the activities under the ambit of the Organized Industry. This eventually will help the legitimate ones grow bigger and enable the GDP growth driven through this while eliminating the Intermediaries largely.
Game Changer
Their whitepaper has attempted to detail the prospects in as much detail as possible. They also request those who would like to join the platform to go through the entire content in general and get to know the Risk Factors in particular. This will help them assess the opportunities and associated risks before participating.
Overall, the team welcomes members to the LIGER family and reiterates their commitment to transparency, innovation, and technological leadership in the new world of cryptocurrency and the blockchain technology. Liger is a game changer with New Age technology, trusted platform, and a proficient team.
Liger Token Sale
Liger advises that being an Industry in its neonatal phase, Crypto Token Holders must understand that they need to have their Risk Percentage sorted and stick to it.
Being new Asset classes, it is important to know that this is a ‘High Risk, High Return’ venture and compounding losses will not help. For example, if the stocks are falling and you see a departure from the Roadmap of the ICO from the initial Whitepaper, it is advisable to book your losses and exit.
Allocate a single digit % to them and avoid buying at all dips or to average.
Lastly, choose the Industries that the Crypto serves and go for the ones that have a large Industry base to build its business upon.
Liger has started its Pre-ICO on 18th April 2018 which will go on till 10th May 2018. Post this, the ICO will commence on 11th May 2018 and go on till 11th June 2018. During these phases, a bonus will be offered at the base price of 0.025 € per Token.
For more information, please visit the link below:
Author: anisah fitri
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